secwatch.observer — SEC 8-K summary
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Issuer:     Rivian Automotive, Inc. / DE (RIVN)
CIK:        0001874178
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001874178-25-000035
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rivian Q2 revenue $1.303B, returns to negative gross profit; VW $1B investment closes
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- Revenue $1.303B; automotive $927M, software/services $376M. Gross profit -$206M (negative 16% margin) after two positive quarters.
- Delivered 10,661 vehicles vs production 5,979 due to supply chain issues; 2025 delivery guidance maintained at 40,000-46,000.
- Adjusted EBITDA loss $667M in Q2; full-year guidance worsened to ($2.0B)-($2.25B) loss from prior outlook.
- Received $1B equity investment from Volkswagen Group at $19.42/share (33% premium to VWAP) on June 30 as part of technology JV.
- R2 on track; Normal plant expansion substantially complete; factory shutdown in Sept to boost capacity to ~215,000 units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874178/000187417825000035/0001874178-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874178/000187417825000035/rivn-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001874178-25-000035

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